Telefonaktiebolaget L M Stock (NASDAQ:ERIC), Analyst Ratings, Price Targets, Predictions

The latest price target for Telefonaktiebolaget L M (NASDAQ: ERIC) was reported by JP Morgan on April 17, 2024. The analyst firm set a price target for $5.58 expecting ERIC to rise to within 12 months (a possible 11.60% upside). 3 analyst firms have reported ratings in the last year.

The latest analyst rating for Telefonaktiebolaget L M (NASDAQ: ERIC) was provided by JP Morgan, and Telefonaktiebolaget L M maintained their neutral rating.

The last upgrade for Telefonaktiebolaget L M Ericsson happened on July 21, 2021 when Arete Research raised their price target to N/A. Arete Research previously had a sell for Telefonaktiebolaget L M Ericsson.

The last downgrade for Telefonaktiebolaget L M Ericsson happened on November 30, 2023 when JP Morgan changed their price target from N/A to N/A for Telefonaktiebolaget L M Ericsson.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Telefonaktiebolaget L M, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Telefonaktiebolaget L M was filed on April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.

While ratings are subjective and will change, the latest Telefonaktiebolaget L M (ERIC) rating was a maintained with a price target of $5.81 to $5.58. The current price Telefonaktiebolaget L M (ERIC) is trading at is $5.00, which is out of the analyst’s predicted range.